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that at the beginning of the obama term and come down since. i think we are going to see that drop in the next three, four years, i don't think he's an anti-government guy don't get me wrong or the governmen expander he's been described as. >> a lot of jobs at the state and local level, but jonas, what do you think it means for the labor market? >> i think for the the labor markets, if you define success as a low unemployment rate, the government actually can deliver that in some cases and i don't think it is a good measure of success. we are going to come back and four years, now that unemplment is 6% then big government works well. that's not a conclusion you should draw. if you look at japanese they've been running some sort of fiscal stimulus for 20 years now and unemployment rate under 5%, but a terrible economy and a terrible stock market. so, you want a natural unemployment rate to grow not with artificial constant perpetual government deficit spending and again, i think your our government can lower it over the next four years, that's not necessarily good for the country and the economy and
obviously a big supporter of obama and the liberal agenda, and rightly so because they've worked nicely with each other, but as unions become bigger and bigger, bigger and the 9, 10% that toby said, it tends to work the opposite of what we want to see happen to jobs and unemployment. we want to see unemployment go down, but the whole point of unions is to raise wages, raise benefits. in order to do that, you need a smaller supply of something, not a larger supply of something. and unions want to have less jobs so they can have more of that benefits i just said, for each worker, so, it tends to work against full employment, as jim pointed out, you saw it in spades at hostess. finally they got to the point, it broke the back of the company and now you have 18,000 jobs just gone. >> brenda: okay, steve, unions clashing with business, good or bad for jobs going forward? >> look, clashing is not a great thing. put it's the way that unions get their point across and the way they organize and having more of the work force unionized is a good thing for the economy not a bad thing. this is still
on the gaza border. at home, president obama is pressing conference to approve legislation to avoid going over the so-called fiscal cliff. he met with congressional leaders yesterday and said the meeting was constructive. if lawmakers can't make a deal by the new year, taxes will go up and there will be a massive spending cut. and republicans say failure to act not an option. thanks for joining us fox news channel. more headlines, 30 minutes away and now, back to bulls and bears, i'm jamie colby. >> oil spiking here in the u.s. as missiles are flying in the holy land. now some arab leaders, threatening to use oil as a weapon against the u.s. and the battle between israelis in gaza already spilling over here. absolutely, brenda, we've seen oil prices rise. and here is a difference between this and other middle east conflicts and this involves israel at this point and of course we are a little and firm ally of israel, it becomes not a fight against israel, it becomes a fight, if you extrapolate against israel and allies, what best way to fight if you're an arab leader to cut off or raise oil pri
Search Results 0 to 8 of about 9 (some duplicates have been removed)